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23 Jul 2024 11:25
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  •   Home > News > Business

    It's great news for New Zealand's Super Fund - that AI computer-chip maker Nvidia's risen to become the world's most valuable company

    It's great news for New Zealand's Super Fund - that AI computer-chip maker Nvidia's risen to become the world's most valuable company


    The US manufacturer's worth has topped five trillion New Zealand dollars - toppling Microsoft and Apple from the top spot.

    Demand has sky rocketed for the chips to run artificial intelligence software - and the company's value has nearly doubled over six months.

    At the end of 2023, the Super Fund had about 800 thousand shares - which are now valued at just under a-billion dollars.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Politics:
    Dear Pharmac – do things differently: what David Seymour’s expectations could mean for the drug-buying agency 11:17

    International:
    Explaining the most viral Kamala Harris memes, from coconut trees to 'Momala' and Veep 11:17

    Entertainment:
    Sean Kingston and his mother have been indicted for fraud 11:14

    Business:
    The Prime Minister says this Government has invested as much in healthcare as its predecessor 11:07

    Soccer:
    Injury has ruled Lionel Messi out of the Major League Soccer All-Star game 11:07

    Law and Order:
    Australian police are uncovering details about two near-identical assaults on men in Canberra 10:47

    Entertainment:
    Gwyneth Paltrow feels a "deep sense of impending grief" about her children heading to college 10:44

    Business:
    Excitement over a possible takeover of The Warehouse Group, by company founder Sir Stephen Tindall 10:27

    Entertainment:
    Mamie Laverock has thanked donors who gave nearly $40,000 to her GoFundMe page following her near-fatal fall from a fifth storey balcony 10:14

    Netball:
    The Pulse are confident they won't be underdone from a 13-day lull period before the ANZ Premiership netball final 10:07


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